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Tech billionaire buys Sydney mansion for record price

10 years ago

A view of "Elaine", a 7-bedroom Victorian mansion located on the waterfront in the suburb of Point Piper in Sydney on May 1, 2017. The harbourside home was sold by the Fairfax family of media fame to Atlassian co-founder Scott Farquhar for 56 million USD, a report said on April 28, 2017, breaking the national house price record. PETER PARKS / AFP

The co-founder of Australian software giant Atlassian, which floated in the United States in late 2015, snapped up the iconic "Elaine" from John Brehmer Fairfax, whose family formerly owned the Sydney Morning Herald.

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